Prospering from food waste

It is the year 2012, and we have yet to find a solution to the global food waste problem. A problem that is actually growing worse by the year, as the efficiency of growth is overpassing the efficiency to consume and redistribute to areas that has a high demand for all this food.

Yet, every cloud has a silver lining, and some individuals have found a way to not only get rid of these food scarps, but also turn it into a successful business model. Take Dan Blake, CEO of EcoScraps. Two years ago Dan started composting the waste coming from Costco and turning it into fertilizer. He then gave the fertilizer back to the store, which sold the product to their consumers and made a profit from it. As you can imagine, the idea where a store can turn its trash into cash quickly spread around.

Today, Dan has raised about $1.5 million in venture capital to take his work to the next level. Have you thought of what to do with food waste lately? Your idea might just help fix the current flaws of our global food system.

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